Putin basked in the glory of Russia's lightning takeover of Crimea from Ukraine last month, sitting impassively as dozens of locals in the Crimean port of Sevastopol chanted "Thank you!" in a live link-up.
He said he had no fears of Western sanctions against Russia over the crisis, even against him personally, only expressing irritation that the wife of one of his associates, billionaire Gennady Timchenko, had her credit cards blocked.
He even took a question on surveillance from US intelligence leaker Edward Snowden who Russia granted asylum.
But the world, and this time Russia, were only really interested in one question -- did Putin intend to send Russian troops into eastern Ukraine?
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Fears of a major conflict have grown in recent days after Russia deployed tens of thousands of troops to Ukraine's eastern border and pro-Russian separatists seized official buildings across east Ukraine.
Putin said he "very much" hoped he would not have to use authorisation granted to him on March 1 by the Russian upper house to send troops into Ukrainian territory.
At the same time, he made clear the Kremlin was not rejecting dialogue, saying today's talks between top diplomats in Geneva were "extremely important" and negotiations were the best way out of the crisis.
"He showed self-confidence and magnanimity... And talked about the necessity of dialogue and that we (Russians and Ukrainians) need each other."
Yet Putin made clear that he was in no mood to give way on the situation in east Ukraine, saying Moscow needed guarantees that the rights of Russian-speakers would be protected.